Incentives
Program Closed
The NJREMI Program ended on December 31, 2011.
The following incentives were available under NJREMI.
| Renewable Energy Manufacturing Incentives | |||
| Incentive ($/ Watt) |
Maximum System Size |
Maximum Incentive |
|
| Solar Panels | |||
| Residential: 0 - 10 kW1 | $0.25 | 10 kW | $2,500 |
| Non-Residential: 0 - 50 kW | $0.14 | 50 kW | $7,000 |
| Non-Residential: 51 - 100 kW | $0.12 | 100 kW | $12,000 |
| Non-Residential: 101 - 500 kW2 | $0.08 | 500 kW | $40,000 |
| Inverters and Racking Systems | |||
| Residential: 0 - 10 kW1 | $0.15 | 10 kW | $1,500 |
| Non-Residential: 0 - 50 kW | $0.09 | 50 kW | $4,500 |
| Non-Residential: 51 - 100 kW | $0.07 | 100 kW | $7,000 |
| Non-Residential: 101 - 500 kW2 | $0.05 | 500 kW | $25,000 |
1 The above residential incentives are available only up to 10 kW. Projects larger than 10 kW will receive rebate payments only for the first 10kW of installed capacity.
2 The above non-residential incentives are available only up to 500 kW. Projects larger than 500 kW will receive rebate payments only for the first 500 kW of installed capacity.
Customers who purchase panels, inverters, and racking systems, either on a stand alone basis or as an integrated product from a certified New Jersey Manufacturer were eligible to receive all incentives.
To be eligible for an incentive, applicants must begin by applying to the SREC Registration Program (SRP). Application to the REMI program occurs during the SRP process. REMI is not available to owners of completed projects.